Case Study 1
$112,000 Reassessment Reduced To Nil On Review — Bar and Live-Music Venue, Whitehorse
A $112,000 reassessment was proposed against a bar and live-music venue in Whitehorse, Yukon following instalments still calculated on a year the business had long outgrown. The documented response reduced it to nil.
A review notice arrived at a bar and live-music venue in Whitehorse, Yukon covering its yt tax and accounting file for two tax years. The auditor's working position was an adjustment of $112,000, driven by instalments still calculated on a year the business had long outgrown. Rather than negotiate, we rebuilt the record. We assessed and claimed Yukon Research and Development Tax Credit (15%) alongside the federal return and submitted a point-by-point response that answered each proposed adjustment with the document behind it. The auditor accepted the documented position and closed the review without adjustment, protecting $112,000 and leaving the prior filings undisturbed.
Case Study 2
Share Sale Restructured, $505,000 Less Tax On Closing — Two-Partner Engineering Practice, Whitehorse
Due diligence at a two-partner engineering practice in Whitehorse, Yukon surfaced a minute book with no resolutions behind a decade of dividends. Restructuring the sale saved $505,000 against the original terms.
A two-partner engineering practice in Whitehorse, Yukon was preparing to sell. Due diligence surfaced a minute book with no resolutions behind a decade of dividends, which would have reduced the price or killed the deal outright. We cleaned up the historical file, recalculated the corporate tax at the 9% combined small business rate and rebased the instalments on the current year, and prepared the due-diligence package the buyer's advisers actually asked for. The deal closed at the agreed price. $505,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 3
Reorganisation Completed Tax-Deferred, $38,500 Saved Each Year — Marketing Agency, Whitehorse
A marketing agency in Whitehorse, Yukon had outgrown its structure, with sales into HST provinces billed at YT’s 5% GST rate the visible cost. The reorganisation completed tax-deferred and saves $38,500 a year.
A marketing agency in Whitehorse, Yukon had outgrown the structure it started with. Sales into HST provinces billed at YT’s 5% GST rate was the immediate problem; the longer-term one was that the structure blocked the next step. We mapped the current structure, modelled the target, and registered for the out-of-province obligations that had been triggered, then reconciled the GST filings to the sales ledger province by province — with the tax-deferred elections filed on time and the supporting valuations documented. The reorganisation completed without triggering tax, and the new structure saves approximately $38,500 a year while removing the exposure the old one carried.
Case Study 4
8-Week Turnaround Beat The Deadline And Saved $82,000 — Insurance Brokerage, Whitehorse
A 8-week rebuild at an insurance brokerage in Whitehorse, Yukon got the filing in with 23 days to spare, avoiding $82,000 in penalties.
With the deadline for its yt tax and accounting file weeks away, an insurance brokerage in Whitehorse, Yukon was carrying sector-specific exposure the previous accountant had not seen before. The exposure if the date slipped was around $82,000. We assessed and claimed Yukon Small Business Investment Tax Credit alongside the federal return. The filing went in complete rather than provisional, so there was no amended return to follow. Filed with 23 days to spare. $82,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 5
Instalments Rebased, $89,000 Of Cash Returned To The Business — Grain Farm Corporation, Whitehorse
A grain farm corporation in Whitehorse, Yukon was overpaying instalments because of a registration threshold crossed on out-of-province sales that nobody was tracking. Rebasing them returned $89,000 to the business.
A grain farm corporation in Whitehorse, Yukon was paying instalments calculated on a prior year that no longer reflected the business. A registration threshold crossed on out-of-province sales that nobody was tracking was tying up $89,000 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and assessed and claimed Yukon Research and Development Tax Credit (15%) alongside the federal return. $89,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 6
Growth Handled Without A Missed Filing, $65,000 Freed — Oilfield Services Company, Whitehorse
Scaling exposed instalments still calculated on a year the business had long outgrown at an oilfield services company in Whitehorse, Yukon. The back office was rebuilt to match, freeing $65,000.
An oilfield services company in Whitehorse, Yukon was opening in a second province — different filing obligations, a different payroll regime, and instalments still calculated on a year the business had long outgrown already in the file. We recalculated the corporate tax at the 9% combined small business rate and rebased the instalments on the current year and put monthly reporting in place so the owner could see the cash effect of growth while there was still time to act on it. Growth was absorbed without a compliance failure. $65,000 of cash was released, and the monthly reporting now flags a problem while it is still small.